A Masters in Business Administration is one of the most sought after career paths in the country at present. Even though it requires great amounts of time and effort, the benefits acquired are worth every ounce of dedication poured into receiving an MBA degree. Having an MBA degree opens doors to numerous opportunities in various different fields.
This article focuses on the monetary benefit of doing an MBA and provides you with a layout of what an individual’s salary after pursuing an MBA degree might look like.
Average salary Overview
If the reports are to be believed the average salary an MBA graduate gets is INR 4,51,096. This number can and does vary depending on specific factors including previous work experience, job roles, company specialization, location as well as the reputation of the institution. The average salary per month can vary between INR 90,000 to 1 lakh per month. On an average the highest paying jobs after MBA offers a salary of INR 32,00,000 per annum.
Factors that affect the salary.
- B- School Reputation : B- schools fall in different tiers. Schools in Tier 1 have a better reputation than Tier 2,3,4 and 5. Due to this reputation the ones who do their MBA degree from Tier 1 School get a better salary package as compared to the ones who receive it from Tier 2,3,4 and 5.
- Work Experience: No. of years of work experience that you have is also an important factor. Those who have some level of work experience might get a preference in higher salaried jobs as compared to others. This is so because many companies prefer to hire those who have prior work experience as it is easier to train them in a new environment.
- Skills and Specialization: Those with skills such as data analytics or bioscience may get a higher salary as fewer candidates have these expertise. Moreover, managers prefer to hire those candidates with problem solving, critical thinking, and conflict resolution skills.
Some of the highest paying MBA specializations are:
- Supply Chain Management
- Accounting & Finance
- Operations Management
- International business
- Sales & Marketing
A breakdown of different pays on the basis of different specializations according to the data collected from Payscale 2025 is given below:
Accounting & Finance
Supply Chain Management
Operations Management
International Business
Sales & Marketing
Financial Management
Finance & Banking
Retail Management
A complete breakdown of salaries on the basis of job location is given below:
A list of some of the high paying jobs which require an MBA are listed below with their respective salaries:
Salaries on the basis of B- schools and IIMs given below:
On the basis of IIMs
B- Schools
With international businesses flocking India due to its customer base the demand for MBAs to lead & manage various business functions is on rise. The actual earnings depend on an individual’s skills, experience, expertise and ability to contribute to an organisation’s growth. Ultimately an MBA can enhance your career prospects and earnings.
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